|DATE:||May 21, 2001|
|SUBJECT:||New Payroll Deduction Codes for Parking|
|EFFECTIVE DATE:||Payroll Period Beginning May 13, 2001 and Ending May 26, 2001, Paid June 8, 2001|
|CONTACT:||Roger Basinger||(785) 296-5387||(firstname.lastname@example.org)|
|SUMMARY:||Addition of New Parking Deduction Codes PPKA04, APKA04 and PKAD05 for Employees of the Kansas Department of Agriculture|
To facilitate a parking lease recently entered into by the Kansas Department of Agriculture for employees of their agency who park in the garage located near 9th and Quincy in Topeka, payroll deduction codes PPKA04 (pre-tax parking) and APKA04 (after-tax parking) have been added in SHARP effective May 13, 2001. The employee deduction amount will be $20.77 per bi-weekly payroll period. The employer rate, payroll deduction code PKAD05, will be $1.59 (.0765 X $20.77) per payroll period.
The Division of Accounts and Reports, Payroll Systems Team will make the necessary updates to the SHARP payroll system to effect this change for all employees for whom SHARP calculates pay. Regent's institutions are responsible for ensuring any needed changes are made in their individual systems.